October 24, 2024 18:50 GMT
US STOCKS: Late Equities Roundup: Awaiting More Corporate Results
US STOCKS
- Stocks remain mixed in late Thursday trade, the Dow still weaker vs. modest gains in SPX eminis while Nasdaq shares outperformed as traders awaited another heavy round of corporate results after the close. Currently, the DJIA trades down 205.15 points (-0.48%) at 42310.64, S&P E-Minis up 5 points (0.09%) at 5842.75, Nasdaq up 110.7 points (0.6%) at 18386.77.
- A list of expected earnings announcements after the bell includes: Union Pacific Corp, Capital One Financial, Skechers, Digital Realty Trust, Healthpeak Properties, Dexcom Inc, L3Harris Technologies, Universal Health Services, Texas Roadhouse Inc, Arthur J Gallagher, Weyerhaeuser Co, Mohawk Industries, Western Digital Corp, Deckers Outdoor Corp, Edwards Lifesciences.
- Consumer Discretionary, Health Care and Real Estate sectors continued to outperform in late trade. Molina Healthcare +20.18% and West Pharmaceutical +15.56% -- both after beating estimates, Tesla +20.63% after beating late Wednesday, while CBRE Group gained 8.99%.
- On the flipside, Materials, Utilities and Industrials sectors underperformed in late trade. Individual laggers include Newmont Corp -9.06%, Teradyne Inc -11.57%, Carrier -7.88%, IQVIA -7.18% while IBM fell -6.50%.
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